The Business Times, 12 April 2016

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Total Pages: 48
1 48 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.20 A SINGAPORE PRESS HOLDINGS PUBLICATION www.businesstimes.com.sg @BusinessTimes CO REGN NO *****2868E MCI (P) 039/08/2015 Tuesday, April 12, 2016
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  • Article, Illustration
    193 1 The industry will play a pivotal role in Singapore’s infocomm manpower strategy of building a pipeline of local professionals to fill the over 30,000 new jobs by 2020. TOP STORIES 2 Warnings of official intervention to halt so-called “one-sided” moves of the yen don’t seem to be working,
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  • 802 1  - Keep looking up the economy depends on it Economists say falls in prices can signal businesses to cut production, and can sap entrepreneurship and innovation By Soon Weilun soonwl@sph.com.sg @SoonWeilunBT Singapore SINGAPORE’S economy grew by 2 per cent last year; this year, official data pegs growth at 1 to 3
    BT illustration: Andrea Lee  -  802 words
  • 25 1 Monday Change STI 2,809.24 +0.92 KL Comp 1,715.28 -3.12 Nikkei 225 15,751.13 -70.39 Hang Seng 20,440.81 +70.41 Shenzhen B 1,139.81 +5.40 Dow(11.45am EDT)17,615.58 +38.62
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  • 1333 1  -  Report by academic also details eight recommendations to improve AGMs in Singapore, which SGX says will carefully consider By Michelle Quah michquah@sph.com.sg @MichelleQuahBT Singapore SHAREHOLDER activism and engagement in Singapore appear to be growing, slowly but surely, if a report released on
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  • TOP STORIES
    • 656 2  -  Government also sets aside S$120 million for infocomm training efforts in “high demand” areas SINGAPORE BUDGET 2016 By Jacquelyn cheok jaccheok@sph.com.sg @JacCheokBT Singapore THE industry will play a pivotal role in Singapore’s infocomm manpower strategy, a series of programmes aimed at
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    • 467 2  -  Underlying demand for property still strong, he says to fresh MP calls to prevent further decline in home prices By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore TWO Members of Parliament again warned of the need to rein back on cooling measures to prevent
      FILE PHOTO  -  467 words
    • 511 2  -  By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore THE government on Monday released more details on the Fresh Start Housing Scheme, which will help families in public rental flats with young children own a home again. These are households that had previously
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    • 497 2  -  Developers will soon need to incorporate pedestrians’ and cyclists’ needs in their plans; car sharing schemes also being studied By Lee Meixian leemx@sph.com.sg @LeeMeixianBT Singapore WAYS are being sought to make Singapore’s public spaces more car-lite and people-friendly, by making streets, squares
      Source: MND  -  497 words
    • 384 2  -  By Jamie Lee leejamie@sph.com.sg @JamieLeeBT Singapore THE Ministry of Finance is adopting more flexible procurement processes to promote innovation, said Senior Minister of State for Law and for Finance Indranee Rajah in Parliament on Monday. Calling on government agencies to
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    • 605 3  -  Tokyo officials do not rule out intervention, though market watchers say it is unlikely in the run-up to the G-7 meeting By Anthony Rowley btworld@sph.com.sg Tokyo WARNINGS of official intervention to halt so-called “one-sided” moves of the yen don’t seem to
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    • 474 3  -  By Virginie Mangin btworld@sph.com.sg Beijing INFLATION in China remained unchanged last month with signs deflationary pressures are easing, as the economy stabilises. Nonetheless, economists say more stimulus measures are on the way in the coming months, as the government looks to shore up
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    • 595 3  -  By Anthony Rowley btworld@sph.com.sg Tokyo THE World Bank on Monday delivered a cautious assessment of economic prospects for the developing countries of East Asia, saying that growth in the region is likely to ease moderately in the coming two years
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    • 620 4  -  Central bank says it has a strict legal and regulatory framework to guard against money laundering and terrorism financing By Claire Huang huangjy@sph.com.sg @ClaireHuangBT Singapore THE use of offshore vehicles, in and of itself, is not illegal, Singapore’s central bank said, adding that businesses and
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    • 595 4  -  By Pauline Ng btworld@sph.com.sg Kuala Lumpur THE Invest Malaysia conference opening in Kuala Lumpur on Tuesday could prove awkward for the country, coming as it does after last week’s release of a parliamentary report revealing poor governance and management controls
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    • 452 4  -  By Anthony Rowley btworld@sph.com.sg Tokyo AFTER a plunge in emerging market stock prices towards the end of last year, some of them have begun recovering on the back of rising capital inflows from advanced economies, raising the question among investors of whether the
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  • Page 3 Advertisements
    • 70 3 Japan warns against yen’s ‘one-sided’ rally, Page 9 BlackRock joins Japan pullout; Abenomics blamed, Page 24 (USD million) Net Profit US$787 million up by 7% on March 2015 787 735 668 587 551 March 2012 March 2013 March 2014 March 2015 March 2016 Total Assets US$151.1 billion up by 10%
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  • Page 4 Advertisements
    • 245 4 X PROPERTY SEMINAR 2016 The hot-selling Property Seminar by SPH Digital back again! SPH^IGITAL www.sphdigital.com,. it+jm r .W” y Limited Seats. Grab your tickets now! w Tickets Normal 1-day pass $15 4 2-day pass $25 All prices are inclusive of GST [RREMiyMjD^EL§lMENT mmmsE Enjoy a cash rebate of SGD 1,888
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  • COMPANIES & MARKETS
    • 986 5  -  Mistake pushed bid up, upsetting some who sold below this price last Tuesday OSIM AT ODDS By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore SHARES of lifestyle products group OSIM International went up two cents to S$1.39 on Monday to match a raised
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    • 753 5  -  HOCK LOCK SIEW BY CAI HAOXIANG haoxiang@sph.com.sg @HaoxiangCaiBT Forgetting that a stock was trading ex-dividend is the kind of embarrassing mistake that happens to rookie traders, not an experienced investment bank like Credit Suisse. Where the market was concerned last Tuesday, OSIM International founder Ron
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    • 555 6  -  Other non-core assets of roughly the same size may be sold as CIT seeks to recycle capital and venture Down Under By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore INDUSTRIAL landlord Cambridge Industrial Trust (CIT) has agreed to sell its remaining leasehold interest
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    • 375 6  -  By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore THE son of real estate tycoon Kwek Leng Beng has been named deputy chief executive officer at City Developments Limited (CDL), the property group said in a Singapore Exchange filing on Monday morning. It also announced
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    • 500 6 BLOOMBERG Tokyo TIHT Investment Holdings Pte Ltd, a Singaporean private equity firm partly owned by Temasek Holdings Pte Ltd, has asked the Tokyo District Court to review the price Nippon Life Insurance Co paid to buy its stake in
      BLOOMBERG  -  500 words
    • 1318 7  -  When it comes to ensuring the continuity of family firms, three key contributing factors stand out. BY ANNIE KOH AND ESTHER KONG BY ANNIE KOH, ESTHER KONG T Annie Koh is the vice-president for business development and a professor of finance (practice) at the Singapore
      LIANHE ZAOBAO FILE PHOTO  -  1,318 words
    • Article, Illustration
      63 8 STI Catalist Straits Times Index April 11,2016 2,809.24 +0.92 (+0.03%) Current streak 1 day Day high 2,817.56 Day low 2,794.15 52-week high 3,539.95 (Apr 15, 2015) 52-week low 2,532.70 (Jan 21, 2016) FTSE ST Catalist index April 11,2016 452.79 +1.02 (+0.23%) Current streak 2 days Day high 455.92 Day low
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    • 629 8  -  Trading quiet, with losers outnumbering gainers 193 to 188 despite the index’s positive showing STOCKS By Kenneth Lim kenlim@sph.com.sg @KennethLimBT SINGAPORE shares eked out a modest gain on a quiet Monday as investors stayed on the sidelines ahead of the coming reporting
      Source: Bloomberg  -  629 words
    • 317 8 Stock name Close Change Day high/low 52w high 52w low PE Div yield Mcap Ascendas Reit 242 +4 242/238 271 209 6 6360.9 CapitaCom Trust 143.5 unch 144/141 177 122.5 6 4240.9 CapitaLand 302 cd +4 303/298 379 267 12.1 3 *****.2 CapitaMall Trust 212 -1 215/208 228
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    • 35 8 VOLUME Healthway Med 144,378,600 Magnus Energy 63,724,400 Ezra 58,156,900 Spackman 33,082,100 Vallianz 29,443,700 Market volume 1,385,912,000 VALUE Singtel 80,427,094 DBS Grp 62,068,702 CapitaLand 37,284,071 OCBC Bank 34,048,768 Keppel Corp 33,495,660 Market value 776,648,000
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    • 77 8 Apr 11 VALUE CLOSE BT OB/OS -9.00 -13.00 BT CADI -*****.00 -21.00 BT 10-day MA -*****.00 -1.00 FTSE ST Mid Cap 682.49 -0.92 FTSE ST Small Cap 394.16 -1.73 FTSE ST All Share 689.44 +0.27 FTSE ST China Top 163.53 -0.34 FTSE ST China 194.46 +0.15 FTSE
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    • 35 8 STI FTSE ST All-Share ftse ST All-Share index April 11,2016 689.44 +0.27 (+0.04%) Current streak 1 day Day high 690.63 Day low 686.37 52-week high 847.98 (Apr 15, 2015) 52-week low 625.37 (Jan 21, 2016)
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    • 33 8 STI MSCI EAFE MSCI EAFE index April 8,2016 1,625.36 +17.55 (+1.09%) Current streak 3 days Day high 1,626.47 Day low 1,595.66 52-week high 1,949.49 (May 15, 2015) 52-week low 1,492.43 (Feb 12, 2016)
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 5 0 1 0 5 7 5 Manufacturing 38 34 29 8 6 12 46 40 41 Commerce 22 21 11 2 4 7 24 25 18 Tpt/Stor/Comms 5 17 9
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    • 121 8 VOLUME (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,271 18,797 35,068 56,911 4,528 61,439 Manufacturing 115,523 69,497 185,020 62,428 2,698 65,126 Commerce 65,378 36,432 101,810 70,198 1,574 71,772 Tpt/Stor/Comms 135,913 1,307 137,220 140,309 109 140,418 Finance 15,559 40 15,599 132,657 5 132,663 Construction
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    • 110 8 Fund Last sale +/-(‘000) Day high/low 52w high/low Buy/Sell Mcap STI ETF 281 209 282/280 355/254 282/283 IS MS INDIA US$ US656 +8 27 656/646 814/575 653/656 82 DBXT CSI300 US$ US823 +7 21 823/818 1471/700 827/829 UETF SSE50China 198 +2 21 198/196 340/185 197/205 61.9
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    • 76 8 BY CENTS CLOSE DOWN 52w high/low DBXT E50 US$ 4356 -106.2 -1.8 5300/3968 Jardine C&C 3918 -60.0 -1.5 4258/2636 DBXT MSTaiwan US$ 1968 -39.0 -1.5 2392/1667 IS MS INDIA S$D 871 -30.0 -3.3 1110/807 DBXT MSINDO us$ 1275 -25.5 -1.5 1483/911 BY PERCENTAGE CLOSE DOWN 52w high/low Vashion 0.1
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    • 72 8 BY CENTS CLOSE UP 52w high/low DBXT MSJAP US$ 4545 237.9 4.1 5277/4031 DBXT DBCDJUBS US$ 1819 180.1 8.0 2260/1685 GLD US$ ***** 168.0 1.1 *****/***** DBXT Vietnam US$ 2206 60.5 2.1 2786/2017 JMH USD 5844 55.1 0.7 6300/4500 BY PERCENTAGE CLOSE UP 52w high/low Infinio 0.4 300.0 0.3
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    • 81 8 VOL CLOSE($) CHANGE China Env Res 30.0 0.025 -0.009 -26.47 IP Softcom 28.1 0.019 -0.009 -32.14 VibroPower 46.4 0.380 +0.030 +8.57 Healthway Med 144,378.6 0.033 +0.003 +10.00 InnoTek 1,895.6 0.136 +0.006 +4.62 Soon Lian 20.0 0.090 -0.010 -10.00 Fischer Tech 102.6 1.185 +0.155 +15.05 Advanced 138.8 0.245 -0.025
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    • BROKERS’ TAKE
      • 336 8 TEE Land Overweight April 7 close: S$0.21 Target price: S$0.33 nra Capital, April 11 TEE Land Ltd announced its Q3 FY16 results and listed its associated company chewathai PCL on the Thai stock exchange on April 5. As at Friday, Chewathai’s shares are up about 8.1 per cent from the
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      • 185 8  - Fu Yu Corp Buy Compiled by Kenneth Lim April 11 close: S$0.21 Target price: S$0.29 rhb Research, April 11 Fu Yu has implemented a dividend policy of paying out at least 50 per cent of profit after tax and minority interests. We think it is likely to pay even more,
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    • 430 9 CURRENCIES REUTERS London SOME cautious gains for European stock markets hauled the yen down off a 17-month high against the dollar on Monday after Japanese officials warned again that they could intervene against the currency’s “one-sid-ed” rally. Chief cabinet secretary Yoshihide Suga said the
      REUTERS  -  430 words
    • FOREX RATES
      • 22 9 Apr 11 S$ Bid Offer 1-month 1.3445 1.3455 2-months 1.3450 1.3460 3-months 1.3456 1.3466 6-months 1.3469 1.3482 Source: OCBC
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      • 155 9 Apr 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0148 1.0158 0.7549 0.7552 Canadian dollar 1.0349 1.0358 0.7701 0.7698 Euro 1.5304 1.5317 1.1384 1.1387 NZ dollar 0.9168 0.9179 0.6820 0.6824 Sterling pound 1.9068 1.9084 1.4184 1.4188
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      • Article, Illustration
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      • 471 9 Apr 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.981 4.885 0.663 5.858 50.120 99.176 0.816 8.660 2.932 1.107 79.073 34.825 1.015 11.209 0.721 24.449 26.472 0.532 0.755 Canada 1.020 4.982
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    • EQUITY BONDS WARRANTS FUTURES
      • 204 9 Most active Apr 11 Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left DBS MB eCW*****1 9.7 0.1 ***** 0.1 1480 3 STI 2900 MB eCW*****0 4.5 unch 4850 0.0 2 Rowsley Ltd W*****3 0.9 unch 3665 1 18 6
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      • 377 9 In local curr In S$ In US$ dy yr dy yr dy yr Apr 8 Index Change Change Change Change Change Change World Preliminary 1232.7 0.6 -3.5 0.4 -6.7 0.7 -1.8 EAFE Preliminary 921.3 1.0 -9.1 0.8 -10.0 1.1 -5.3 Europe Preliminary 1319.0 1.2 -6.6
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      • 396 9 Apr 11 OPEN HIGH LOW SETT VOL OP/INT FTSE CHINA A50 INDEX FUTURES Apr16 9520.00 9670.00 9492.50 9595.00 *****8 *****1 May16 9470.00 9607.50 9442.50 9540.00 2922 7474 NIKKEI 225 INDEX FUTURES Jun16 *****.00 *****.00 *****.00 *****.00 ***** *****4 Sep16 *****.00 *****.00 *****.00 *****.00 20 660 MSCI TAIWAN
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    • BANK RATES
      • 154 9 Apr 11 $S Offer Bid 0vernight 0.03 0.01 1-month 0.7500 0.6250 2-months 1.0000 0.8750 3-months 1.0625 0.9375 Overnight mode: 0.25 US$ Offer Bid 7 days 0.45 0.35 1 month 0.48 0.38 2 months 0.65 0.45 3 months 0.75 0.55 6 months 1.05 0.85 9 months 1.25 1.05 12
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      • 67 9 Apr 11 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0T 0.500 01-Apr-18 99.27 99.28 99.28 5-Year NX*****X 2.250 01-Jun-21 103.59 103.75 103.55 10-Year NX*****Z 2.375 01-Jun-25 104.14 104.17 104.17 15-Year NZ*****F 2.875 01-Sep-30 107.63 107.90 107.55 20-Year NZ*****V 3.375 01-Sep-33 114.69
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    • AGRI METALS ENERGY
      • 250 9 Apr-8 Price Net change change Last Trade Agricultural Apr-8 CBOT Soybeans (US cents/bu) 916.75 12.25 1.35% 13/05/2016 CBOT Soybean Oil (US cents/lb) 33.94 -0.16 -0.47% 13/05/2016 CBOT Wheat (US cents/bu) 460.25 3.25 0.71% 13/05/2016 Apr-8 LIFFE Cocoa (£/tonne) 2136.00 12.00 0.56% 13/05/2016 LIFFE Coffee (US$/tonne) 1513.00 17.00 1.14%
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    • 1884 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/Ep $mil Company Last Sale Vol ('000) High 153 127 AIMSAMP Cap Reit 134 -2.5 208 136 134 1 8.3 851.4 LOW 175.5 101 ARA Asset Mgmt 116cd +1.5 485 116 114
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    • 330 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Company Sale +/-(’000) High Low C’vr P/E Company Last Sale vol 4 1.7 t Acesian Partners 3 unch 300 3 3 4.1 10.5 High Day Low Div C'vr 19.9 8.3 t Anchor Resources 10.2 -1.1 6845 11.7 10.2
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    • 107 10 52-Wk Last Vol Day Div GrYld Net MCap High Low Counter Sale +/-(’000) High Low C’vr P/E Counter Last Sale vol ('000) 399 190 DBXT MSBrazil US$ US291 +15 10 291 291 1750 995 DBXT MSCHINA US$ US1167 +12 1 1168 1159 6246 4478 DBXT MSKorea US$ US5254
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  • Page 5 Advertisements
    • 162 5 OSIM buyout errors: Need to compensate shareholders, Page 45 TO DAY! 5rcM*L|»\ 12 14 April 2016 (Tue Thurs): 10am 6pm .nV V'*'' l 15 April 2016 (Fri): 10am 4pm Since 1978 ProWine The Most Comprehensive International Food and Hospitality Trade Show in Asia Singapore Expo Hall 1-9 Annex www.foodnhotelasia.com Find
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  • Page 6 Advertisements
    • 2196 6 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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    • 1123 6 VhYONGXIN CS 3 m s m Bm YONG XIN INTERNATIONAL HOLDINGS LTD. (Company Registration No. *****5483H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Yong Xin International Holdings Ltd. (the “Company") will be held at FTSE Room,
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  • Page 7 Advertisements
    • 3 7 LEADING FROM ASIA
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    • 304 7 AccountServe A Stone Forest Company Need Help With Tax Forms and Filing Deadlines? We Help Individuals, Expats and Small Businesses With Their Tax Matters: Income tax returns c.nn tax computations for individuals and partnerships Returns of employees remuneration(Form IR8A) and tax cleaian.ce (IR21) Corporate inepme tax computation and filing with
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  • Page 10 Advertisements
    • 79 10 SGX== SGX StockFacts Access stock fundamentals of all SGX-listed companies to generate ideas that suit your investment appetite. Plug into sgx.com/stockfacts now. Singapore Exchange j P This advertisement has been published for general circulation only. It is not an offer solicitation to buy or sell, nor financial advice or recommendation
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  • 924 11 Experts at the Singapore Economy session also called for more assistance in helping firms apply for funding Special feature by Canon REACHING out into foreign markets and engaging in research and development (R&D) are two ways in which local firms, especially
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  • 735 11 THE Singapore Exchange (SGX) is looking to adopt a carrot-and-stick approach to get companies to file sustainability reports every year. SGX’s chief regulatory officer Mr Tan Boon Gin said at a breakfast talk held in conjunction with the Canon Think Big Convention
    735 words
  • 597 11 HISTORY, it turns out, will be key to the future in logistics. By understanding what sort of management decisions have been made in the past, supply chains can be better managed as the world moves towards a more fragmented future, said experts at a talk
    597 words

  • REAL ESTATE
    • 295 12  -  Singapore warehouse Company takes 50 per cent stake in a central London commercial property By Melissa Tan melissat@sph.com.sg @MelissaTanBT Singapore A UNIT of property firm Hwa Hong Corporation has taken up a half stake in a freehold commercial property in London’s Clerkenwell area
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    • 290 12  -  By Mindy Tan tanmindy@sph.com.sg @MindyTanBT Singapore ASPIAL Corporation has awarded the contract for the construction of its CityGate project to Woh Hup. Construction for CityGate is expected to commence in May 2016. The construction period is 32 months and TOP is
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    • 844 12 BLOOMBERG Mumbai FOR Pirojsha Godrej, who leads India’s third-largest developer, the pain in the real estate market is spelling opportunities. The son of billionaire Adi Godrej and chief executive officer of Godrej Properties Ltd expects the firm’s best
      BLOOMBERG; PHOTO: BLOOMBERG  -  844 words
    • 982 13  -  Wealthy foreign individuals are likely to delay purchases until UK government clarifies expected transparency laws By Neil Behrmann btworld@sph.com.sg London THE fallout from offshore financial dealings in Panama is expected to be a body blow to London’s prime residential
      PHOTO: AFP  -  982 words
    • 396 13 BLOOMBERG London THE record number of luxury homes planned in London, equivalent to more than double the size of the city’s Hyde Park, is raising the prospect that developers may be forced to turn some projects into offices as demand falls, according
      BLOOMBERG  -  396 words
    • 296 13 BLOOMBERG Sydney CHINESE appetite for property in Australia shows no sign of waning after buyers doubled investment in the nation’s homes and offices for a second straight year. Spending on Australian residential and commercial property rose to A$24.3 billion (S$24.8 billion) in the
      BLOOMBERG  -  296 words
  • Page 12 Advertisements
    • 174 12 Freehold Plot at Cuscaden Road For Sale By Trustees Prime Hotel Residential Site off Orchard Road* Land 25,741 sf; GPR 4.2; 20 stys Potential GFAof 108,111 sf Existing detached house 200 m from Orchard Road 500 600 m to 2 MRT stations Tender Closing 12 May 2016 (Thurs), 2.30pm Subject
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    • 19 12 mftmmm# ii it m i bit.ly/lSIPsxm Chinese language content LIANHE ZAOBAO The insider's scoopon secret spaces inJapan's oldcapital Nowonsaleatallmajorbookstoresandwww.stpressbooks.com.sg
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    • 209 12 Lianhe Zaobao Singapore Budget 2016 Business Forum POST BUDGET DIALOGUE WITH FINANCE MINISTER The inaugural Lianhe Zaobao Singapore Budget 2016 Business Forum offers you the opportunity to have a deeper grasp of Budget 2016 and its implications on the development of your business. 26 April 2016 10am to 2pm Marina
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  • Page 13 Advertisements
    • 106 13 SALE Conservation Stunners Galore It’s the perfect time to invest in a commercial conservation. And to enjoy a cashcow with the best of both worlds combined. A shophouse or shophouse row with super anchor tenants with multiple units always in demand. Call us to find out about our Conservation Classics
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    • 56 13 KnightFrank.com.sg For Sale by Expression of Interest JTC Factory off Joo Koon Circle Within minutes’ walk from Joo Koon MRT station Site Area: Approx. 97,000 sq ft GFA: Approx. 142,000 sq ft URA MP Zoning: B2 CLOSING ON 11 MAY (WED) 2016, AT 3PM Gerald Quek *****619 R*****9B Ng Ee
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    • 274 13 LAST CHANCE Preview before Japan Launch! An Opportunity to Invest in Tokyo's Prime Residential Introducing Park Luxe a freehold condominium in Shirokane Takawana, one of the most prestigious residential areas in Japan park Tluxe A‘ O U n. 7. Exclusive Presentation Strictly by appointment only. 14th April '16 (Thursday) 30
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  • BANKING & FINANCE
    • 767 14 The bank is speaking with potential buyers for about US$1.4b of stressed loans extended to Indian companies and started a sale of around US$3b of assets in the rest of Asia BLOOMBERG Mumbai STANDARD Chartered Plc is seeking to sell at least
      BLOOMBERG; PHOTO: BLOOMBERG  -  767 words
    • 916 14 BLOOMBERG London BANKS and asset managers are poised to win an exemption in rules for trading derivatives from European lawmakers, who already said they would give them a one-year delay of new financial regulations. The exemption is in an amendment
      BLOOMBERG  -  916 words
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  • ENERGY & COMMODITIES
  • Page 15 Advertisements
    • 81 15 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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    • 2661 15 HL GLOBAL ENTERPRISES LIMITED Company Registration No. *****0131N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifty-Third Annual General Meeting (the “Meeting”) of HL GLOBAL ENTERPRISES LIMITED (the “Company”) will be held at Grand Copthorne Waterfront Hotel, Veranda 3, Level 2,
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  • TECHNOLOGY
    • 890 16 New tech trend of a microsliced, serverless business model is already attracting investors and startups NYT San Francisco IMAGINE building an enormous beach resort, maybe the best in the world. Instead of renting the rooms, you charge guests based on the grains
      NYT; PHOTO: BLOOMBERG  -  890 words
  • Page 16 Advertisements
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    • 1570 16 8TELECOM INTERNATIONAL HOLDINGS CO. LTD. (Company Registration Number: *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 300, Suntec Singapore Convention Exhibition Centre, 1 Raffles Boulevard, Singapore *****3 on Thursday, 28 April
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  • Page 17 Advertisements
    • 2982 17 IEV HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****7734D) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of IEV Holdings Limited (the “Company”) will be held at Veranda 3, Level 2, Grand Copthorne Waterfront Hotel, 392 Havelock Road, Singapore *****3
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    • 2256 17 Super SUPER GROUP LTD. (Company Registration No. *****1696K) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Super Group Ltd. ("the Company”) will be held at Raffles Marina Country Club, Compass Ballroom, Level 2, 10 Tuas West Drive,
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  • Page 18 Advertisements
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    • 359 18 HTL INTERNATIONAL HOLDINGS LIMITED (Company Registration No. *****4162H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of HTL International Holdings Limited (“the Company”) will be held on Wednesday, 27 April 2016 at 9.30 a.m. at 11 Gul Circle Singapore *****7, to transact the following
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  • Page 19 Advertisements
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    • 3179 19 Notice of Annual General Meeting Banyan Tree Holdings Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****3108H) NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting (“AGM”) of the Company will be held at Ballroom 1 Lower Lobby, The Fullerton Hotel, 1 Fullerton Square, Singapore *****8, on
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  • Page 20 Advertisements
    • 1989 20 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
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    • 2037 20 B L U i\ l O N T ttigwu-a-f] BLUMONT GROUP LTD. (Company Registration No.: *****2554G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Level 2 Room Nautica III, Republic of
      2,037 words

  • Page 21 Advertisements
    • 2770 21 KOH BROTHERS GROUP LIMITED (Unique Entity Number: *****0775D) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 22nd Annual General Meeting of Koh Brothers Group Limited (the “Company”) will be held at Oxford Hotel, 218 Queen Street, Singapore *****9 on Wednesday, 27 April 2016 at
      2,770 words

  • CONSUMER
    • 892 22 Waldan set to make a comeback driven by its new CEO, son of the boutique luxury watch company’s founder NYT Edgewater, United States NOBODY knows when Oscar Waldan’s 100th birthday will take place. In fact, it may have passed. Such uncertainty
      NYT  -  892 words
  • Page 22 Advertisements
    • 1915 22 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      1,915 words
    • 1431 22 HI-P INTERNATIONAL LIMITED Company Registration No. *****4817H (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Hi-P International Limited (the “Company”) will be held at Ficus Room 3, Level 2, Jurong Country Club, 9 Science Centre Road, Singapore
      1,431 words

  • GOVERNMENT & ECONOMY
    • 564 23 Abu Dhabi SWF, unit Aabar Investments say the BVI firm with an almost identical name does not belong to them REUTERS Kuala Lumpur THE mystery over who controlled a British Virgin Islands (BVI)-registered company that received US$3.5 billion from Malaysia’s
      REUTERS  -  564 words
    • 308 23 AFP Kuala Lumpur MALAYSIA’S Sarawak state dissolved its assembly on Monday, the country’s official news agency Bernama reported, paving the way for an election that is being closely scrutinised for its impact on a huge financial scandal. Prime Minister Najib Razak and
      AFP  -  308 words
    • 930 24 Economic reports are deteriorating, stimulus from the BOJ backfire and the yen’s surge is pressuring exporters BLOOMBERG Tokyo FOR global equity investors and Shinzo Abe, it’s splitsville. Starting in the first days of 2016, foreign traders have been pulling out of Tokyo’s stock market
      BLOOMBERG  -  930 words
    • 528 24 BLOOMBERG Hong Kong A TALE of two Chinas is emerging as the country transforms its exportbased economy to one that is centred on consumption and services, according to analysts at Fidelity International. “There is a story of two halves,
      BLOOMBERG; PHOTO: REUTERS  -  528 words
    • 655 24 BLOOMBERG Bengaluru INDIA is trying to yank its cash-based economy into the 21st century. But how do you get 1.2 billion people, many of whom have never seen a bank or opened an account, to send digital payments to
      BLOOMBERG  -  655 words
    • 772 25  -  It can be the gateway for East Africa, says S’pore’s newly appointed non-resident ambassador to that country By Conrad Raj Singapore AFRICA is the next frontier for Singapore business to conquer, and the Singapore government is playing a big part
      PHOTO: AFP  -  772 words
    • 291 25  -  By Renald Yeo yrenald@sph.com.sg Singapore THE national agency supporting the international development of France’s economy, Business France, is on a charm offensive to woo Singapore investors and tourists, with the launch of the Creative France campaign in Singapore on Friday. The campaign focuses on three
      291 words
  • Page 23 Advertisements
    • 1435 23 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      1,435 words
    • 1800 23 FULL APEX (HOLDINGS) LIMITED FULL APEX (HOLDINGS) LIMITED (Incorporated in Bermuda on 5 April 2002) Registration No: ***** NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of the Shareholders of Full Apex (Holdings) Limited (the “Company”) will be held at Kingfisher Room 3, Level
      1,800 words



  • TRANSPORT
    • 1189 26 A peak-hour ban from major roads of private vehicles with fewer than 3 passengers is temporarily suspended NYT Jakarta EVEN on the best of days, it looks like an invasion, although a very slow one: Troops of motorbikes, like a disorganised
      NYT; PHOTO: BLOOMBERG  -  1,189 words
    • 1039 27 Its stock is up more than 40% over the past three years and analysts expect profits to nearly double by 2018 BLOOMBERG Tokyo THE multibillion-dollar business plans being hatched by global carmakers and technology companies for self-driving vehicles depend on a
      BLOOMBERG; PHOTO: REUTERS  -  1,039 words
  • Page 26 Advertisements


  • Page 28 Advertisements
    • 2049 28 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 24 Mount Elizabeth, Windsor I II, Level 2, The Elizabeth Hotel, Singapore *****8 on Wednesday 27 April 2016 at 2 p.m. for the
      2,049 words
    • 17 28 Beef Up Your Finances Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your IPOs other offerings
      17 words

  • Page 29 Advertisements
    • 2402 29 FIRST RESOURCES LIMITED (Company Registration No. *****5931M) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of First Resources Limited (the “Company”) will be held at Suntec Singapore a8>G,>i&8> d [3(&F&i&8> a,>if,_ Qg\D,c -8JU,GgfZ_ :,G,U h_ Q88S hh*_ PJ>i,)
      2,402 words
    • 3457 29 WEE HUR HOLDINGS LTD. (Company Registration Number *****9510K) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of Wee Hur Holdings Ltd. (the “Company”) will be held on Wednesday, 27 April 2016 at 11.30 a.m. at Quality Hotel
      3,457 words

  • Page 30 Advertisements
    • 2189 30 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      2,189 words
    • 2038 30 NOTICE OF ANNUAL GENERAL MEETING HIAP HOE LIMITED Company Registration No. *****0676Z NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hiap Hoe Limited (the “Company”) will be held at Ramada Singapore At Zhongshan Park, 16 Ah Hood Road, Zhongshan Room Level 2, Singapore *****2 on Thursday, 28 April
      2,038 words

  • Page 31 Advertisements
    • 2647 31 Wj i pnnpiK tj- J LIMITED NOTICE OF ANNUAL GENERAL MEETING ANNAIK LIMITED (Company Registration No. *****2066M) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of AnnAik Limited (the "Company") will be held at 52Tuas Avenue 9, Singapore *****3 on 28 April 2016
      2,647 words
    • 3520 31 SHS HOLDINGS LTD. Company Registration No. *****2208Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SHS Holdings Ltd. (the “Company") will be held at 81 Tuas South Street 5, Singapore *****1 on Thursday. 28 April 2016 at
      3,520 words

  • Page 32 Advertisements
    • 1874 32 NOTICES T O L L F R E E 1 8 0 0 -2 8 9 8 8 2 2 I E m a i l n o t i c e s s p h c o m s g I w w w s p h c l
      1,874 words
    • 1717 32 DEBAO PROPERTY DEVELOPMENT LTD. DEBAO PROPERTY DEVELOPMENT LTD. Company Registration No.: *****5053Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Room 332, Suntec Singapore Convention Exhibition Centre, 1 Raffles Boulevard, Suntec
      1,717 words

  • Page 33 Advertisements
    • 34 33 NOTICES TOLL FREE 1800-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
      34 words
    • 1985 33 r JIHIL YING LI INTERNATIONAL REAL ESTATE LIMITED (Company Registration No.*****6356W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ying Li International Real Estate Limited (the "Company") will be held at National Library Board, 100 Victoria Street,
      1,985 words

  • Page 34 Advertisements
    • 2122 34 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices r SMARTFLEX HOLDINGS LTD. Company Registration No. *****3501 R (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SMARTFLEX HOLDINGS LTD. (the “Company") will be held at
      2,122 words
    • 30 34 Paint the town red, or just your room Find painters to do the job or promote your services in CLASS 112 To advertise, call the Print Classified Hotline: 1800-289 9988
      30 words

  • Page 35 Advertisements
    • 3221 35 NOTICES TOLL FREE 18 0 0-289-8822 I Email n o t i c e s s p h c o m s g I www.sphclass.com.sg/notices KOH BROTHERS ECO ENGINEERING LIMITED (Unique Entity Number: *****0111H) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General
      3,221 words
    • 3279 35 MONEYMAX FINANCIAL SERVICES LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****9689Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MoneyMax Financial Services Ltd. will be held at 7 Changi Business Park Vista #01-01 Singapore *****2 on Thursday, 28 April 2016
      3,279 words

  • Page 36 Advertisements
    • 50 36 NOTICES TOLL FREE 18 0 0-289-8822 I Email n o t i c e s s p h c o m s g I www.sphclass.com.sg/notices One man’s junk is another man’s treasure Shop second-hand or sell your possessions in CLASS 162 To advertise, call the Print Classified Hotline: 1800-289 9988
      50 words
    • 1855 36 NIPPECRAFT LIMITED Registration No. *****2861N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of Nippecraft Limited (Company) will be held at 9 Fan Yoong Road, Singapore *****7 on Thursday, 28 April 2016 at 10.00 am for the following
      1,855 words

  • Page 37 Advertisements
    • 2213 37 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices HI-P INTERNATIONAL LIMITED Company Registration No.*****4817H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hi-P International Limited (the “Company”) will be held at Ficus Room 3,
      2,213 words
    • 2293 37 MIRACH ENERGY MIRACH ENERGY LIMITED (The “Company”) (Incorporated in the Republic of Singapore) (Company Registration No. *****5397E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the Company will be held at Carlton Hotel Singapore, 76 Bras Basah Road, Singapore *****8, Espanade Room
      2,293 words

  • Page 38 Advertisements
    • 2752 38 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices ShengSiong SHENG SIONG GROUP LTD. (Company Registration No.: *****3989Z) (Incorporated in Singapore with limited liabilities) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of SHENG SIONG GROUP LTD. (the "Company") will be
      2,752 words
    • 2181 38 NORDIC Group Limited NORDIC GROUP LIMITED Registration No. *****7399N (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Nordic Group Limited (the “Company”) will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on Wednesday, 27 April 2016 at
      2,181 words

  • Page 39 Advertisements
    • 1937 39 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices PROGEN PROGEN HOLDINGS LIMITED (Company Registration No. *****51 18C) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Progen Holdings Limited (the “Company”) will be held at
      1,937 words
    • 1831 39 FIGTREE HOLDINGS LIMITED Registration No. *****5211G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Figtree Holdings Limited (the “Company”) will be held at 8, Jalan Kilang Barat, #03-01 Central Link Singapore *****1 on Wednesday, 27 April 2016
      1,831 words

  • Page 40 Advertisements
    • 1773 40 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices MEMTECH INTERNATIONAL LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2032Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at M Hotel Singapore, Anson 2,
      1,773 words
    • 1711 40 CHINA BEARING (SINGAPORE) LTD. 中 (Incorporated in the Republic of Singapore) (Company Registration No. *****2048E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleven Annual General Meeting of CHINA BEARING (SINGAPORE) LTD. (the “Company”) will be held at the Royal Room 1, Level 3, Hotel Royal, 36
      1,711 words

  • Page 41 Advertisements
    • 1931 41 NOTICES TOLL FREE 18 0 0-289-8822 I Email n o t i c e s s p h c o m s g I www.sphclass.com.sg/notices TYE SOON LIMITED Registration No. *****0114W (Incorporated in the Republic of Singapore) NOTICE OF 60THANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 60th Annual
      1,931 words
    • 1802 41 PSL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****7022K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PSL Holdings Limited (the “Company”) will be held at 18 Boon Lay Way #09-96 Tradehub 21 Singapore *****6 on Thursday 28 April
      1,802 words

  • Page 42 Advertisements
    • 1611 42 NOTICES TOLL FREE 18 0 0-289-8822 I Email notices@sph.com.sg I www.sphclass.com.sg/notices CHASWOOD RESOURCES HOLDINGS LTD. (Company Registration Number: *****1894D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Chaswood Resources Holdings Ltd will be held at 22 Cross
      1,611 words
    • 1834 42 CITIC ENVIROTECH LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****6466G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Connection 1, Level 3, Amara Hotel, 165 Tanjong Pagar Road, Singapore *****9, on Wednesday, 27 April
      1,834 words

  • Page 43 Advertisements
    • 948 43 s-i. the Business times Shipping times Vessel Voy Sin Pusan Tarawa Honiara Santo Port Vila Noumea Lautoka Suva Nukualofa Apia Pago Pago Papeete Lae P. Moresby Townsville APL Columbus V010E 23 May 06 Jun 22 Jun 26 Jun 29 Jun 01 Jul 03 Jul 06 Jul 08 Jul 10 Jul
      948 words

  • OPINION
    • 533 44 EDITORIAL THE first and so far, only conclusive official report on Malaysia's troubled 1Malaysia Development Berhad (1MDB) by the bipartisan Public Accounts Committee (PAC) was tabled in Parliament last Thursday. As a result of the findings in the belated 106-page report,
      533 words
    • 805 44  -  THE BOTTOM LINE By Robert J Samuelson THE WASHINGTON POST WRITERS GROUP Washington WOE is Brazil. As the summer Olympics approach in August, Latin America’s largest country with a population of 206 million people and an economy that is 40 per cent
      THE WASHINGTON POST WRITERS GROUP  -  805 words
    • 1299 44  -  Importance of trade should be elevated to that of monetary expansion and fiscal stimulus By Anthony Rowley Tokyo AS GLOBAL economic growth rates continue to slow a phenomenon that International Monetary Fund (IMF) managing director Christine Lagarde has said she fears may
      PHOTO: REUTERS  -  1,299 words
    • 1027 45  -  COMMENTARY By Andrew Hammond TThe writer is an associate at LSE IDEAS (the Centre for International Affairs, Diplomacy and Strategy) at the London School of Economics. THE United Kingdom’s “in-out” EU (European Union) referendum campaign officially kicks off this week
      1,027 words
    • 539 45  -  LETTER TO THE EDITOR Mano Sabnani SHAREHOLDERS of OSIM International who lost out due to mistakes in the process of executing the buyout should be compensated. There were several errors, presumably by Credit Suisse, advisers to founder Ron Sim, which have resulted in
      539 words
    • 1140 45  -  The existing corporate tax code, particularly the 35% corporate rate, is why American companies engage in the schemes By Leon Hadar Washington NO one would suggest that Vermont Senator Bernie Sanders the socialist who beat former secretary of state Hillary Clinton by a 13-point
      PHOTO: BLOOMBERG  -  1,140 words
    • 674 45  -  COMMENTARY By Sigve Brekke, Jon Gravrak TThe writers are respectively president CEO and chief digital officer of Telenor Group. SINGAPORE’S vibrant economy has propelled the country upwards over the past 50 years. As a modern shipping/ transportation hub and a financial centre, Singapore is
      674 words


  • SME
    • 1708 46 Founder of Happy Marketer Rachit Dayal wants to put Singapore on the global digital marketing map. BY VIVIEN ANG vivang@sph.com.sg WHAT do you get when the worlds of digital marketing and hypnotherapy collide? A digital marketing consulting firm aptly named Happy Marketer. The firm’s
      PHOTO: ARTHUR LEE  -  1,708 words
    • 878 46  -  By Annet Aris This article first appeared on Insead Knowledge. The writer is an adjunct professor of strategy at insead NOWADAYS hardly a week goes by without the announcement of yet another new technological development promising to make our lives easier, more exciting or
      PHOTO: BLOOMBERG  -  878 words

  • EMERGING ENTERPRISE 2016
    • 1178 47  -  Setting up an online payment system will give them a competitive edge and can be vital in helping them reach more customers and develop a truly global presence. BY DEBORAH HENG T The writer is group head and general manager of MasterCard Singapore, a
      FILE PHOTO  -  1,178 words
  • Page 47 Advertisements
    • 101 47 STAND OUT IN YOUR FIELD With up to S$1.7m worth of prizes, you’ll be able to carve a distinctive niche in your field of expertise. Applications close on 20 May 2016. Apply today at www.EEaward.com Jointly Presented By: Preferred Payment Solutions Partner: Supported By: Innovation Partner: Ofcial Auditor: ID OCBC
      101 words

  • LIFE & CULTURE
    • 588 48 BLOOMBERG New York AUTOMOTIVE design superstar Henrik Fisker last week revealed a fuller view of the superyacht that he is building with Benetti that was teased back in December. The collaboration was greeted with anticipation from both supercar lovers and seafarers alike. The Benetti
      BLOOMBERG  -  588 words
    • 792 48 Study suggests living near to preferences and tax base of wealthy neighbours may boost lifespans NYT New York NEW York is a city with some of the worst income inequality in the country. But when it comes to inequality
      NYT; PHOTO: NYT  -  792 words
    • 717 48 AFP Moscow BELARUSIAN singer Ivan plans to take next month’s Eurovision Song Contest by storm performing completely naked with a wolf at his side. But his plan may prove too much even for a show known as an annual
      AFP; PHOTO: AFP  -  717 words
  • Page 48 Miscellaneous
    • 303 48 CRYPTIC CROSSWORD Across 3 Stronghold I’m in is very very noisy (10) 8 Wasted opening in ball game (6) 9 Model drunk? Take no action (3,5) 10 Excessive devotion adroitly put in a new light (8) 11 Figure that’s less sensitive (6) 12 Planner, furious about wrong name put inside
      303 words